Reported 3 days ago
Italpizza has successfully obtained €58 million in financing from several local banks to enhance production at its Italian factories in Modena, Castelbelforte, and Mortara. The funding aims to increase its annual production capacity from 460 million to 575 million frozen pizzas by 2028, supporting growth in both domestic and international markets. The investment will also establish a logistics hub for optimized distribution and improve the company's competitive positioning in the industry.
Source: YAHOO